Marriage Tip Tuesday: Money Matters

Many people say money is the reason given in 50% of divorce cases. I’m not completely sold on that statistic because money problems can be symptoms of an inability to relate on other levels.  How you use money reflects your priorities. For example, one spouse may want to redo the kitchen while the other wants to take a 10 day cruise to Alaska.  They will call it a money problem, or a problem of communicating about their priorities.

Couples easily come up with excuses for not discussing money. The problem is when we talk about priorities, there are bound to be disagreements. So typically, we try to keep the peace and not talk about it.

However, couples can improve their communication about finances by beginning with a commitment.  Unless a couple has a mutual commitment to work together on their finances, they will probably stop doing it when the going gets tough. Set aside time through out the year to write out a financial plan and goals. Then, prioritize them together.  Remember – mutual commitment is the key. You will begin to see your priorities of life laid out.  I strongly encourage you to write out your plan on paper so there is no misunderstandings later on.

Want more on money? Below are two websites I highly recommend.

Financial Security: Managing Money in Tough Times

Dave Ramsey